May 14, 2025

Global Trade

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Trump tariffs: China ‘unafraid’ of US trade conflict

The chairman of the United States Federal Reserve said Wednesday that the tariffs that President Donald Trump has imposed will probably drive up prices and limit growth. Powell cautioned the Economic Club of Chicago that “tariffs are highly likely to generate at least a temporary rise in inflation,” and that the inflationary impact “could also

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Pakistani finance leader urges a coalition of developing countries to advocate for equitable trade and financial reform

ISLAMABAD: In an official statement released Wednesday, Federal Finance and Revenue Minister Muhammad Aurangzeb condemned the global economy as unequal and proposed the establishment of a worldwide alliance of developing countries to collectively push for fair trade and improved representation in international financial institutions. The chief financial officer’s statements were delivered during his speech at

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